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Friday newspaper round-up: Jones, Crest Nicholson, Deutsche Bank

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Friday newspaper round-up: Jones, Crest Nicholson, Deutsche Bank

Fri, 24 March 2017
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Friday newspaper round-up: Jones, Crest Nicholson, Deutsche Bank
Deutsche Bank AG Quote more

Price: 14.10

Chg: -0.01

Chg %: -0.07%

Date: 19:49

DAX 30 Quote

Price: 12,165.19 Chg: -38.27 Chg %: -0.31% Date: 17:45

(ShareCast News) - Jones Bootmaker is expected to call in administrators on Friday in a move that will put more than 1,100 jobs at risk. The shoe retailer, which employs 1,145 people, has nearly 100 stores and a handful of concessions in department stores. It is understood to be close to going under after a deal with a private equity firm collapsed. - Guardian
Shareholders in Crest Nicholson, one of the largest housebuilders in Britain, have voted against a pay deal for the company's directors because of concerns that the performance targets were too easy. The rebellion means Crest Nicholson is the first major company this year to see investors reject its remuneration report, which is a major embarrassment. - Guardian

Deutsche Bank has agreed a deal to move to a new City headquarters, defying fears that large financial institutions are planning to leave the capital after Brexit. An internal memo sent to staff today and seen by The Daily Telegraph said that in 2023 the bank will move to the new headquarters, which are owned by property developer Land Securities. - Telegraph

The boss of North Sea takeover target Ithaca Energy has reasserted his backing for the £517m cash bid from the group's largest shareholder after reporting a £54m loss for last year. Delek, which holds a 20pc stake in Ithaca, has steadily deepened its interest in the North Sea over the past year. Delek's offer to buy Ithaca in February came just months after snapping up 13.8pc of Faroe Petroleum in a £42.8m Christmas Day spending spree. - Telegraph

The City watchdog has reopened its investigation into Barclays's £7.3 billion Middle East capital raising in 2008 that helped the lender to avoid falling into government ownership. The Financial Conduct Authority concluded an investigation three years ago but is understood to have begun interviewing individuals after starting the process again.- The Times

Britain is dangerously exposed to money launderers as investigators are failing to work with other agencies to gather evidence against foreign criminals, a think tank has claimed. A report by the Organisation for Co-operation and Economic Development, published today, criticises the Serious Fraud Office and the financial intelligence unit at the National Crime Agency for failing to co-operate and share information that could bring foreign money launderers to trial. - The Times

NASDAQ 100 Top Risers

Name Last Chg.% Time
Ross Stores Inc. 59.02 10.67 23:04
Applied Materials Inc. 44.30 2.74 23:10
Micron Technology Inc. 30.38 2.57 23:06
Ctrip.Com International Ltd. Ads 50.44 2.54 22:30
Symantec Corp. 28.45 1.46 22:15

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Fastenal Co. 40.68 -2.24 23:03
Cisco Systems Inc. 30.37 -2.16 23:04
Viacom Inc. Class B 28.59 -2.12 23:06
Mattel Inc. 16.82 -2.04 22:15
Hasbro Inc 95.51 -1.70 22:50